VS Industry net profit 29% higher for quarter two


One of VS Industry

PETALING JAYA: VS Industry Bhd (VSI) saw a 29% jump in net profit to RM35.51mil in the second quarter ended Jan 31, 2017 compared to the same quarter a year ago, driven by higher sales orders from key clients.

The RM2.1bil market value company, which has a dividend policy of 40% net profit payout, has declared a second interim single dividend of 1.2 sen per share, which will be paid out on May 12, 2017.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , VS Industry Bhd , VS , Industry , stocks , shares , earnings , profit ,

   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read